Former Finance Minister and Member of Parliament for Karaga, Dr. Mohammed Amin Adam, has launched a strong critique of the ruling National Democratic Congress (NDC), accusing the government of poor economic management, policy deception, and neglect of the ordinary Ghanaian.
In a detailed press release dated July 16, 2025, he outlined several reasons why he believes the NDC’s promises are collapsing under the weight of reality.
From rising taxes and job losses to unfunded flagship programs, here are seven key points he raised to demonstrate what he calls a growing failure in governance.
Tax increases are worsening the cost of living
Amin Adam criticises the introduction of new taxes and the extension of old ones, especially the recent “Dumsor Levy,” which took effect on July 16, 2025. He warns that the levy will increase transport fares and worsen the daily struggles of Ghanaians.
Government is ignoring public outcry
Despite repeated concerns from transport unions and citizens, the government has refused to back down on policies that directly affect the cost of living. According to Amin Adam, this shows a lack of sensitivity to the needs of ordinary people.
Jobs are being lost, not created
The former Finance Minister describes the dismissal of innocent youth from employment as troubling. He says it’s ironic that a government that promised jobs is now implementing measures that strip people of their livelihoods.
Inflation is outpacing income
Electricity tariffs have doubled, and prices of goods and services remain high. With only a 10% increase in basic wages, Amin Adam argues that Ghanaians can no longer rely on their income to support their families.
Pension funds are under pressure
He cautions that pension funds and investors are being indirectly pressured to invest in bonds, despite market risks. Participation, he insists, should be based on careful cost-risk assessment, not desperation or state coercion.
Budget financing lacks credibility
The government’s 2025 financing projections total GHS56.91 billion, but over GHS6 billion has already gone into repayments, leading to reallocation from critical sectors. Amin Adam says this calls into question the realism of the government’s financial plans.
The 24-hour economy is an unfunded dream
Amin Adam describes the much-publicised 24-Hour Economy Programme as just another glossy promise.
Without a dedicated budget, he says, it remains as theoretical as the NDC’s infamous “Green Book.”
He urges the Finance Minister to clarify the plan in the mid-year budget.
